Compliance Monitoring & Testing Analyst (Full Time)

Prosperity Bank • Amarillo, TX

4d

About The Position

The Compliance Monitoring & Testing Analyst reviews, tests, and monitors bank processes to confirm regulatory compliance under the Bank’s compliance management system. The role evaluates deposit and/or loan products and services, assesses applicable federal and state requirements, reports findings, and supports corrective actions. It also reviews regulatory changes and bank advertisements, recommends policy and procedure changes, and helps associates implement compliance improvements. The position has no supervisory responsibilities.

Requirements

• College degree.
• In-depth knowledge of banking regulations.
• Minimum of 5+ years of related experience.
• Experience in quality control and/or internal auditing and compliance.
• Analytical, detail-oriented, and accurate.
• Well organized.
• Excellent written and verbal communication skills.
• Demonstrated ability to work well with associates at all levels.
• Strong problem-solving skills.
• Ability to research, interpret, and explain regulations and other compliance-related documents.
• PC skills, including proficiency in Microsoft Word and Excel.

Responsibilities

• Perform compliance reviews and testing of deposit and/or loan products and services for compliance with applicable federal and state laws and regulations.
• Prepare analyses and reports of findings, including recommended corrective action items.
• Follow up on previous findings to confirm corrective actions have addressed compliance issues.
• Develop and manage corrective-action tracking and follow-up procedures to ensure appropriate implementation.
• Review regulatory changes and understand their impact on business units and banking centers.
• Recommend changes to internal policies and procedures based on compliance testing and review results.
• Review bank advertisements for regulatory compliance; provide feedback and suggestions to the marketing department and maintain documentation of approvals.
• Serve as a subject matter expert and assist associates with implementing corrective action items.
• Assist with other compliance projects as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level